News

22.11.2017

Switzerland, the most attractive country for Top Talent

Switzerland has once again taken the top spot in the World Talent Ranking, an annual rundown of the ability of countries to attract, develop, and retain top-performing staff. Published on Monday by the IMD Business School in Lausanne, the report analyses over 60 countries according to various criteria important to professional workers, and finds that Switzerland comes out top overall for the fifth year in a row.

 
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22.11.2017

Hackers stole 57 million data from Uber riders

Uber admitted Tuesday that hackers stole personal data belonging to 57 million customers and drivers — a fact it concealed for more than a year. The attack, which took place in October 2016, resulted in the worldwide theft of names, email addresses and phone numbers belonging to 50 million Uber riders, according to Bloomberg, which first reported the hack.

 
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22.11.2017

Bitcoin price will fly at $10000 very soon

Billionaire trader and legendary hedge fund manager Mike Novogratz says that the bitcoin price will reach $10,000 before the end of the year. Speaking on Bloomberg TV, Novogratz, who has been bullish on Bitcoin throughout the year, said Bitcoin would yet hit the magic number before the new year, and also predicted $500 per coin for Ether (ETH) within the same period.

 
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20.11.2017

Crude Rises, Oil Shares Drop. A Norwegian Trick

A couple of months ago I had analyzed the bullish pattern that was developing on Crude Oil, when the WTI had exceeded the 200 days moving average and was about to test the crucial resistance of the trendline that joins the 2014 top with the decreasing highs of the first half of this year.

 
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17.11.2017

Credit Suisse prefers European Solution after Brexit

Credit Suisse is considering spreading its trading, investment-banking and wealth management activities across several European locations after Brexit,  «Bloomberg» reported, citing three sources on condition of anonymity.Switzerland’s second-largest bank is considering moving the activities affected by Brexit to a number of European cities, instead of replacing London with one large alternative location.

 
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17.11.2017

UK startup launches debit card for cryptocurrency

A London-startup headed by a Credit Suisse veteran is launching a new debit card that it claims will allow people to spend cryptocurrencies across the UK. The London Block Exchange (LBX) launched on Tuesday. It plans to launch a sterling-to-cryptocurrency exchange and a prepaid Visa debit card, dubbed "Dragoncard," that will allow people to convert bitcoin, ethereum, ripple, litecoin and monero to sterling and spend it across the UK. The startup plans to add more cryptocurrencies in future.

 
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17.11.2017

Hong Kong: former UBS banker jailed for bribes

A former associate director UBS Hong Kong was today sentenced to three-and-a-half years' imprisonment at the District Court for accepting bribes of about HK$1.46 million for managing the investment portfolio of a client with the bank. Tu Bing, 40, was earlier found guilty of bribery. 

 
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17.11.2017

SNB on the way to confirm its monetary policy

Recent moves by the U.S. Federal Reserve to tighten its monetary policy is helping the Swiss National Bank in its campaign against the “highly valued” Swiss franc, SNB Governor Andrea Maechler said on Thursday. Interest rate rises announced by the Fed “mean the interest rate differentials between Switzerland and other countries may widen further in the future,” Maechler said. This would make the Swiss franc less attractive to investors, reducing the value of the currency, whose strength has hampered Switzerland’s export-reliant economy.

 
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17.11.2017

Bitcoin investors are really bullish: target price $200000

New survey data highlights the ideological and economic factors driving some investors to purchase bitcoin. Financial resources provider LendEDU has just published the results of a new investor survey targeting Bitcoin users, and the respondents feel bullish on the current number #1 cryptocurrency, to say the least.

 
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17.11.2017

Billionaire investor Soros says bye-bye to Snapchat

 
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